To be VET, or not to be VET
Technical analysis of the VET is demonstrating two conflicting scenarios for the altcoin prices. The first is considering the project will be successful, while the support zone at $0.008-0.018 suggest the price may surge towards the resistance at $0.090-0.100.
The alternative scenario suggest that VeChain prices are testing the lows amid global uncertainty and market correction that may put the project on the edge of existence. The inclusion of VeChain in the Hong Kong’s Major Cryptocurrency Index by HKVAC is pointing in favor of the first scenario. But this could be a very risky investment.
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